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<h1>India's Merchandise Exports Rise 12% Apr-Nov 2017; Strong Trade Balance With USA, UAE, Hong Kong.</h1> India's merchandise exports grew by 5.17% in 2016-17 compared to the previous year and by 12.01% from April to November 2017 compared to the same period in 2016. The trade deficit has been decreasing over the past two years. India has maintained a favorable trade balance with countries such as the USA, UAE, and Hong Kong. Key sectors with a favorable trade balance include textiles, transport equipment, and leather products. This information was provided by the Commerce and Industry Minister in a written reply to the Rajya Sabha.
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